Pivot to prevention in the management of conflict and crisis risks. This means focusing on the drivers of fragility, addressing the risks early and, when risks are high or mounting, finding inclusive solutions through dialogue, and adjusted policies, including development policies. This approach is highlighted in our new report: Pathways for Peace: Inclusive Approaches to Preventing Violent Conflict. There are many examples of success: Countries like Indonesia, Kenya and Tunisia, among others, have successfully used prevention to avoid conflict.

Crowd in the private sector as a source of growth, jobs, and service-provision. Developing a robust private sector is essential for driving development in fragile and conflict-affected settings. At the World Bank Group, we have established two financing tools to stimulate investment in these countries: The Creating Markets Advisory Window (CMAW), designed to meet the increased demand for advisory services and to increase the number of investment-ready projects; and a new $2.5 billion Private Sector Window to catalyze investment in poor countries affected by fragility and conflict.

Protect and empower vulnerable communities like refugees, women, and children. While our core goal should be to prevent conflict so that we lower the numbers of refugees and internally displaced people (IDPs) around the world, our immediate aim must be to support the development needs of the more than 65 million refugees and IDPs, and the countries that open their borders to welcome them. In Jordan, providing government services to refugees costs the country $1.5 billion a year, about 4% of GDP. It is our responsibility to bring development solutions together with humanitarian solutions to address the challenges faced by refugees and their host communities. This is equally true for women and children in fragile settings who are disproportionately affected.

Taken together, these four approaches will help the countries we serve address fragility before conflict takes hold, and support them during and in its aftermath. The World Bank Group is fully committed to this and we call on all partners in the international community to do the same. In the latest replenishment of IDA, our fund for the poorest countries, we have doubled our resources to build resilience in fragile and conflict-affected areas. We have also created additional IDA funding on top of that for vulnerable communities such as refugees, to help at-risk countries avoid falling into conflict.